Sales and Use Tax Annotations

Annotation 385.0325

(a) IN GENERAL

385.0325Monthly Reports of Real Estate Activities. A taxpayer prepares a report from data obtained from official records from a particular County Recorder's Office. One report contains graphs and charts regarding sales, insured transactions, market shares, resales, refinancing amounts, etc. Another report contains charts of lender activity in a particular county. Subscribers to the report pay a fee of approximately $400.00 per month.

If the monthly reports bear a relationship to prior and subsequent reports with respect to similarity of subject matter and if they are delivered to subscribers by the U.S. mail or common carrier, they would qualify for the periodical exemption provided under section 6362.7(b) and (c). Thus, subscriptions to such reports are not taxable on or after November 1, 1992. 12/4/92.